Latest Articles about Economics
Is Russia’s Government Planning to Take on Chechnya’s Strongman?
Russian analysts are beginning to wonder whether Moscow has grown tired of Chechnya’s ruler, Ramzan Kadyrov, and wants to replace him. Recent attacks on human rights activists in Chechnya received unusually wide and negative media coverage in Russia, even though years of routine rights violations... MORE
Celebrating Russia Day, the Country Finds Itself With No Future
The meaning of Russia Day, the holiday celebrated last Friday, June 12, remains obscure and even foreign for the majority of Russians. Overall, the population has mixed feelings about the collapse of the Soviet Union, which was precipitated by the declaration of state sovereignty of... MORE
Belarusian Foreign Minister Makei: ‘We want to be friends with everybody’
In his lengthy and informative May 19 interview to the Washington Post, Foreign Minister of Belarus Uadzimir Makei responded to four variations of one and the same persistent question: Should Belarus develop its relations more with the West or with Russia? Makei stood his ground,... MORE
Moscow Moves to Strengthen Iran in Its Standoff With West
Moscow and Tehran have been preparing an agreement to barter Iranian oil for Russian goods. This “goods for oil” trade seems to be finally going ahead this month, before the June 30 deadline to reach a comprehensive agreement on the Iranian nuclear program. For many... MORE
Controversial Railway Projects in Kyrgyzstan and Mongolia
Despite sharing similar desires to become transit corridors between Europe and Asia, Kyrgyzstan and Mongolia have been unable to prioritize new railway projects, whereas Kazakhstan is moving far ahead by building new railways connecting Chinese, Iranian and Russian rail networks. With the newly built second... MORE
Uzbekistan and Tajikistan Try to Mitigate Water Disputes
In April 2015, the parties to the CASA-1000 project (Kyrgyzstan, Tajikistan, Afghanistan and Pakistan) signed a number of important legal documents that allow them to finally break ground on the project (Casa-1000.org, April 27, accessed June 5). The construction of the large-scale electricity transmission project,... MORE
Ukraine Fails to Make Shale Gas Breakthrough
Ukraine’s hopes to cut its dependence on gas imports from Russia through shale gas development have been dashed. The two multinationals that won government tenders to develop non-traditional gas deposits in Ukraine, Chevron and Shell, stopped their works last year, and there is no clarity... MORE
China’s “One Belt, One Road” Strategy Meets the UAE’s Look East Policy
From May 8 to 15, Dubai, the second largest state of the United Arab Emirates (UAE), hosted a first of its kind seven-day trade exhibition bringing together prominent government leaders, high net worth individuals and global corporate giants in Beijing. The week intended to showcase... MORE
Chinese Provinces Aim to Find Their Place Along New Silk Road
As Chinese President Xi Jinping’s New Silk Road initiative continues to build momentum, provincial governments are looking for ways to integrate their own economic plans with the national strategy and thus provide local companies and workers the benefits touted by Beijing. Xi’s promotion of the... MORE
Kazakhstan’s Presidential Election and the Challenges Ahead (Part Three)
*To read Part One, please click here. *To read Part Two, please click here. Kazakhstan’s state-founding President Nursultan Nazarbayev has been re-elected to what is widely assumed to be his final term in office (see EDM, April 30, May 8, 11). Observers generally tend to... MORE